tag:blogger.com,1999:blog-78245912037101400292024-03-21T18:48:29.345-07:00Analysis of Indian Stock MarketsNitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-7824591203710140029.post-3364716581168707962011-06-19T20:06:00.000-07:002011-06-19T20:06:15.132-07:00Silver can be Bought<div dir="ltr" style="text-align: left;" trbidi="on">Buy : Silver Futures above 35.56<br />
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Target : 38<br />
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Stoploss : 34.4 ( Risk Reward 2.8:1)<br />
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</div>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com2tag:blogger.com,1999:blog-7824591203710140029.post-4642543271320462082011-06-19T01:28:00.000-07:002011-06-19T01:28:20.318-07:00Stocks to be Bought/Sold for next few sessions<div dir="ltr" style="text-align: left;" trbidi="on">Buy : MPHASIS BFL Futures above 457.25<br />
<br />
Target : 477.5 (( Risk : Reward 4.5:1)<br />
Stoploss : 452.65<br />
<br />
<br />
<div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Buy : India Infoline ( Cash) above 84.55</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Target : 88.77 ( Risk : Reward 2:1)</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Stoploss : 82.8 </div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Buy : KLG Systel ( Cash) above 53.6</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Target : 58.2 ( Risk : Reward 3.2:1)</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Stoploss : 52.15</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"></div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Sell : BPCL Futures below 628.7</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><br />
</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Target : 601.79 ( Risk : Reward 4.6:1)</div><div style="margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Stoploss : 634.55</div><div><br />
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</div>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-76113055063536085222010-09-24T09:12:00.000-07:002010-09-24T09:12:05.232-07:00Trading system Development<div style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0.6em; padding-left: 0.6em; padding-right: 0.6em; padding-top: 0.6em;">Hi All,<br />
I am posting a message after a very long time.<br />
Trading system optimisation is very difficult : in the sense that whether it should be done or not.<br />
Everybody does some kind of optimisation in trading systems , isn't it an optimisation when we discard one system over other simply because it has performed well over others in the past.<br />
<br />
It is neccessary that we start with the right kind of logic which suits our personality : whether we are comfortable doing trend trading or mean reversion trading.<br />
<br />
Ideally if the logic of the system depends on the personality of the trader , it would be easier emotionally to trade it in real markets.<br />
Here one should search for stable parameters and not curve fitted ones.<br />
<br />
After developing the logic which can be as simple as crossover of two moving averages or crossing of high of past 20 days (turtle traders used it as system 1) one should think about when to enter.<br />
<br />
Here , it would be prudent to know that only entering a buy trade if the high of buy signal bar is broken and entering a short trade only if a low of short signal bar is broken.<br />
Then the exits should be planned which can come in observing the MAE and a trailing stoploss is advisable.<br />
Welcome for comments from readers ..................</div>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com1tag:blogger.com,1999:blog-7824591203710140029.post-86536751729053310302010-06-02T10:32:00.001-07:002010-06-02T10:32:46.872-07:00Short Term Technical CallBuy Balrampur chini above 81.7 with a target of 98Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-4134408387293942672010-05-25T23:54:00.000-07:002010-05-25T23:54:52.907-07:00Eurozone CrisisIn 2008, we saw a flight from corporate paper to sovereign paper, now we might see a flight from sovereign paper to something else, seeing the eurozone crisis ,which could be good for countries in Asia especially India and China which have fundamentally strong economy and currencies. There is also a possibility of rally in Commodities on similar lines that happened in 2008.Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-3685257473721077012010-05-05T10:44:00.001-07:002010-05-05T10:44:45.826-07:00Ranbaxy 06/05/2010Buy at / above: 451.56 Targets: 456.66 - 462.01 - 467.4 - 472.82<br />Stoploss : 446.26<br />Sell at / below: 446.26 Targets: 441.22 - 435.98 - 430.77 - 425.6<br />Stoploss : 451.56Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-34712188837570662292010-05-05T10:32:00.001-07:002010-05-05T10:32:43.358-07:00Kotak Bank 06/05/2010Buy at / above: 749.39 Targets: 755.87 - 762.75 - 769.67 - 776.62<br />Stoploss : 742.56<br />Sell at / below: 742.56 Targets: 736.13 - 729.36 - 722.62 - 715.92<br />Stoploss : 749.39Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com1tag:blogger.com,1999:blog-7824591203710140029.post-29224295733137067132010-05-05T10:29:00.001-07:002010-05-05T10:29:19.449-07:00Wipro 06/05/2010Buy at / above: 676 Targets: 682.17 - 688.71 - 695.29 - 701.89<br />Stoploss : 669.51<br />Sell at / below: 669.51 Targets: 663.39 - 656.96 - 650.57 - 644.21<br />Stoploss : 676Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-32940883834787659502010-05-05T10:12:00.001-07:002010-05-05T10:12:23.076-07:00Nifty 06/05/2010Buy at / above: 5130.14 Targets: 5145.48 - 5163.43 - 5181.4 - 5199.41<br />Stoploss : 5112.25<br />Sell at / below: 5112.25 Targets: 5096.93 - 5079.1 - 5061.29 - 5043.52<br />Stoploss : 5130.14<br /><br />Buy and Sell strictly above and below the levels <br />Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-3303579856111734122010-05-04T21:53:00.000-07:002010-05-05T05:46:47.104-07:00Nifty can go all the way to 4600<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgWPh349vF5WiL4OQupXBWCzOGQ6RsYHpgUrLMU3pKnJugRrJmGabFrxvfYYfjSPftFQLAvOSf5XbYghxCVnQaGyHt5TDyGmKOAL-zpvWZdLcOGGRnwMS2EID9WXB1nnYNtxuf3JT9F42Iz/s1600/nitin.png"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 320px; height: 170px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgWPh349vF5WiL4OQupXBWCzOGQ6RsYHpgUrLMU3pKnJugRrJmGabFrxvfYYfjSPftFQLAvOSf5XbYghxCVnQaGyHt5TDyGmKOAL-zpvWZdLcOGGRnwMS2EID9WXB1nnYNtxuf3JT9F42Iz/s320/nitin.png" border="0" alt=""id="BLOGGER_PHOTO_ID_5467766510551257522" /></a><br />It can be seen that nifty is below the long term gann supports and as can be seen previously we can say that now it is only a matter of time before we see nifty hovering around the levels of 4600....Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-58570111922097374762010-05-01T04:45:00.000-07:002010-05-01T04:58:54.398-07:00Proprietary Firms In India1)Futures First<br /><br />Futures First is one of the largest Prop Shops in India Indulging in Derivatives with almost 25% of the employees from IIT.<br /><br />2) Capstone Securities Analysis Pvt Ltd.<br /><br />Capstone is a international Organisation with expertise in US Stocks Trading providing an initial Trainee Trader Position for 1 month. The Website is http://www.capstonesa.com/<br /><br />3) Trenchant India<br /><br />Trenchant India is situated in Chennai with Prop Positions for around the world Trading.<br /><br />Website : Trechantft.com<br /><br />4) TransMarket Group <br /><br />Transmarket Group is situated in Mumbai and is a US Propreitary Trading Organisation trading almost every available market in World that is liquid.<br /><br />Website : Transmarketgroup.com<br /><br />Want to know more about the World's top Tier Prop Firms , i think this article would serve the purpose.<br /><br />http://www.cmegroup.com/education/files/CME-248_PropFirmDirect_HIres.pdfNitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-68454096151263884902010-04-25T20:09:00.001-07:002010-04-25T20:09:09.132-07:00Intraday Idea ( SBI)Buy at / above: 2256.25 Targets: 2267 - 2278.92 - 2290.86 - 2302.84<br />Stoploss : 2244.39<br />Sell at / below: 2244.39 Targets: 2233.67 - 2221.87 - 2210.1 - 2198.36<br />Stoploss : 2256.25Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-83638744024810030072010-04-25T20:07:00.001-07:002010-04-25T20:07:40.552-07:00Intraday idea ( ICICI Bank )Buy at / above: 984.39 Targets: 991.75 - 999.64 - 1007.55 - 1015.5<br />Stoploss : 976.56<br />Sell at / below: 976.56 Targets: 969.25 - 961.48 - 953.74 - 946.03<br />Stoploss : 984.39Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-52500415776194188642010-04-25T19:40:00.001-07:002010-04-25T19:40:11.799-07:00Intraday Idea ( Nifty )Buy at / above: 5310.76 Targets: 5326.33 - 5344.59 - 5362.87 - 5381.19<br />Stoploss : 5292.56<br />Sell at / below: 5292.56 Targets: 5277.02 - 5258.87 - 5240.75 - 5222.67<br />Stoploss : 5310.76Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-27616289713713192362010-04-25T19:36:00.001-07:002010-04-25T19:36:14.481-07:00Intraday Idea ( ABB)Buy at / above: 826.56 Targets: 833.34 - 840.57 - 847.84 - 855.13<br />Stoploss : 819.39<br />Sell at / below: 819.39 Targets: 812.65 - 805.54 - 798.46 - 791.41<br />Stoploss : 826.56Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-66844857936835136872010-04-25T19:35:00.001-07:002010-04-25T19:35:02.065-07:00Intraday idea ( Mcdowell )<br />Buy at / above: 1260.25 Targets: 1268.5 - 1277.42 - 1286.37 - 1295.35<br />Stoploss : 1251.39<br />Sell at / below: 1251.39 Targets: 1243.18 - 1234.38 - 1225.61 - 1216.87<br />Stoploss : 1260.25Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-76502641223059655992010-04-14T23:52:00.000-07:002010-04-14T23:54:21.975-07:00Real time data feeder for amibroker<a href="http://docs.google.com/leaf?id=0B7oMwJcTgsFQYmNkODhhYWUtYzczNi00MGU4LWE4ZjUtNGU3YjAxZThmN2Nl&hl=en">http://docs.google.com/leaf?id=0B7oMwJcTgsFQYmNkODhhYWUtYzczNi00MGU4LWE4ZjUtNGU3YjAxZThmN2Nl&hl=en</a><br />
<br />
download rtdf<br />
<br />
usage instructions<br />
<br />
Open Amibroker with your existing database or with new database.<br />
Run RTDF.<br />
Enter yahoo login details by pressing “Settings” button<br />
Press “Start” button.<br />
For back fill, press “BackFill” button and select 1m menu.<br />
Enjoy trading with real time chart.Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-25429376834043157632010-04-02T07:31:00.000-07:002010-04-02T07:31:10.226-07:00A New Stock IdeaBuy Bank of India above 349 for a target of 440 in the coming days...........Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-18903513910978188972010-02-12T11:01:00.001-08:002010-02-12T11:02:06.741-08:00A Trend FollowerInstead of deciding what markets might or might not do.......it is better to just follow the trend in the markets and make money.........Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-50985911717966249652010-02-08T01:55:00.001-08:002010-02-08T01:55:38.882-08:00Nifty 4900 CE given at 38.75 now 52........enjoyNitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-24389386556473091692010-02-07T11:48:00.001-08:002010-02-07T11:48:40.645-08:00HDIL seems a good buy above 308.25tommorow HDIL can be bought for a target of 320 if it crosses 308.25 below which it has major resistances........Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-6636748094285867562010-02-04T22:05:00.000-08:002010-02-04T22:06:19.860-08:00nifty will have a free fall below 4718..........<table style="width:auto;"><tr><td><a href="http://picasaweb.google.com/lh/photo/s1zcq62Y6YXPXU1UgIHvtQ?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite"><img src="http://lh4.ggpht.com/_i8Q3Q37RBgg/S2u0QBD0vUI/AAAAAAAAAR0/LaurEbB7CI4/s400/nifty%20supports.jpg" /></a></td></tr><tr><td style="font-family:arial,sans-serif; font-size:11px; text-align:right">From <a href="http://picasaweb.google.com/rocks.nitz/DropBox?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite">Drop Box</a></td></tr></table>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-36969682158527485362010-01-21T10:00:00.000-08:002010-01-21T10:03:05.976-08:00Nifty Gann UpdateNifty Supports now exits at 4572 where further buying can be done. Nifty has turned bearish for the medium term since it has gone below the 50 DMA<br /><br /><table style="width:auto;"><tr><td><a href="http://picasaweb.google.com/lh/photo/ykQqV-rH8cU-m9lqG61cKA?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite"><img src="http://lh5.ggpht.com/_i8Q3Q37RBgg/S1iVM_GNhBI/AAAAAAAAAQ8/Q3i-x5o1ZIw/s400/nifty%20gann%20update.jpg" /></a></td></tr><tr><td style="font-family:arial,sans-serif; font-size:11px; text-align:right">From <a href="http://picasaweb.google.com/rocks.nitz/DropBox?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite">Drop Box</a></td></tr></table>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-22090134549966963212010-01-18T09:06:00.001-08:002010-01-18T09:06:43.170-08:00No updates till 2nd FebruaryNitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0tag:blogger.com,1999:blog-7824591203710140029.post-15740458688720150592010-01-17T12:25:00.000-08:002010-01-17T12:30:29.342-08:00Reliance can be shorted tommorow if it opens down with a target of 1102 and then 1079<br /><br /><table style="width:auto;"><tr><td><a href="http://picasaweb.google.com/lh/photo/L6eAaxe13vrdUbmxi2iiUA?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite"><img src="http://lh3.ggpht.com/_i8Q3Q37RBgg/S1NxjM_zRPI/AAAAAAAAAQc/NzrGmUUkqn8/s800/reliance%20update.jpg" /></a></td></tr><tr><td style="font-family:arial,sans-serif; font-size:11px; text-align:right">From <a href="http://picasaweb.google.com/rocks.nitz/DropBox?authkey=Gv1sRgCKXYpr2stO-vVA&feat=embedwebsite">Drop Box</a></td></tr></table>Nitin Guptahttp://www.blogger.com/profile/17828388559026483239noreply@blogger.com0